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Now or later: See how much of a difference 5 years can make

Great things come to those who don’t wait.

Get off to a fast start when saving for your future and reap the benefits. The longer you wait to get started, the less time your money has to grow. Putting off starting by even a few years may have a significant impact on your future finances. Remember you may not always have a paycheck, so start saving for your future with an employer sponsored retirement plan.

Check out the advantage a FAST START can potentially provide with the infographic below. Simply select a sample monthly contribution level and click “Go” to see the advantage gained by Fast Start Sam when he starts saving today vs. waiting 5 years.

Sam, a millenial
Select Sam's contribution level:

See the advantage gained by Fast Start Sam when he starts saving today vs. waiting 5 years based on a 5% contribution level.

Assumptions for Sam: Age 30 (Fast Start) Age 35 (waits 5 years); $40,000 annual salary, makes monthly contributions at selected contribution level from start until age 65, investments earn 7% annually, monthly distributions calculated based on 30 years in retirement and a return of 4% on investment during the retirement period.

This illustration is a hypothetical example and does not reflect the return of any specific investment and is not a guarantee of future income. There is no assurance that the results displayed will be achieved.

Two men are running on green and grey tracks
Select Sam's contribution level:
$286,848
$196,011Monthly income starting at age 65: $928
Green savings icon
46%greater overall savings
Green monthly income icon
Monthly income
starting at age 65:$1,358

ENROLL NOW OR SIGN IN
Enroll now or Sign in today to kick up your contribution

See the advantage gained by Fast Start Sam when he starts saving today vs. waiting 5 years based on a 5% contribution level.

Two men are running on green and grey tracks
$286,848
$196,011Monthly income starting at age 65: $928
Green savings icon
46% greater overall savings
Green opened wallet icon
Monthly income
starting at age 65:$1,358

ENROLL NOW OR SIGN IN
Enroll now or Sign in today to kick up your contribution

Assumptions for Sam: Age 30 (Fast Start) Age 35 (waits 5 years); $40,000 annual salary, makes monthly contributions at selected contribution level from start until age 65, investments earn 7% annually, monthly distributions calculated based on 30 years in retirement and a return of 4% on investment during the retirement period.

This illustration is a hypothetical example and does not reflect the return of any specific investment and is not a guarantee of future income. There is no assurance that the results displayed will be achieved.